Venture Capital Report

Size: px
Start display at page:

Download "Venture Capital Report"

Transcription

1 Venture Capital Report U.S. 3Q 2018

2 The following report presents Dow Jones VentureSource s quarterly findings for U.S. venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer a comprehensive view of the trends currently affecting the venture capital market. Highlights for 3Q 2018 include: U.S. venture capital fundraising decreased during 3Q 2018, both in terms of funds raised and number of closings, but the level of activity is still considerable when compared with the same quarter last year. Venture capital investment in U.S. companies hit an all-time record, eclipsing the dot-com bubble peak by 17%. Both the number of IPOs and M&A deal values decreased compared to the previous quarter. 2

3 VENTURE FUNDRAISING DECREASES IN U.S. DURING 3Q 2018 FUNDRAISING 148 venture capital funds collected $12.81 billion in 3Q 2018, which represents a 27% decrease in the amount raised from the prior quarter and a 9% drop in the number of funds U.S. VC Fundraising ( ) Based on multiple closings $20.00 $16.00 Insight Venture Partners X LP, a venture capital fund that closed at $6.3 billion, was the largest of 3Q 2018, raising 120 $12.00 $2.69 billion in its final closing, which accounted for 21% of the total VC financing raised during the quarter. 80 $ $ Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 Amount Raised ($B) $5.76 $9.15 $14.35 $11.91 $8.79 $9.58 $8.20 $14.38 $9.85 $5.65 $9.00 $17.61 $12.81 Number of Funds $- 3

4 LARGEST VC FUND CLOSINGS IN 3Q 2018 FUNDRAISING Firm Name Fund Name Amount ($M) City State Offering Status Fund Type Fund Category Closing Type Insight Venture Partners Insight Venture Partners X LP $2, New York NY Closed Multi-stage venture capital Venture Capital Final Lightspeed Venture Partners Lightspeed Venture Partners Select III LP $1, Menlo Park CA Closed Late-stage venture capital Venture Capital Final Foundry Group LLC Foundry Group Next 2018 LP $ Boulder CO Closed Multi-stage venture capital Venture Capital Final Lead Edge Capital Management LLC Lead Edge Capital IV LP $ New York NY Closed Multi-stage venture capital Venture Capital Final Ribbit Capital LP Ribbit Capital V LP $ Palo Alto CA Closed Early-stage venture capital Venture Capital Final 4

5 U.S. EQUITY INVESTMENT HITS ALL-TIME RECORD FINANCING Investment in U.S. companies surged 14% in 3Q 2018 from the previous quarter, hitting a new record for the second consecutive quarter. Total funding now exceeds the peak of the first dot-com bubble (1Q 2000) by 17%, although the number of deals is 26% lower compared to that era. Deal volume also fell on a quarter-over-quarter basis, dropping 8%. Median deal sizes actually decreased 14% from 2Q, indicating that the jump in total funding was concentrated in a handful of extremely large rounds. When compared to last quarter, financing rose most noticeably in the Business & Financial Services, Consumer Goods, and Consumer Services sectors; IT and Healthcare fell slightly. $35.00 $30.00 $25.00 $20.00 $15.00 $10.00 $5.00 $0.00 Equity Financings in U.S.- Based, VC-Backed Companies ( ) 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 Amount Raised ($B) $23.18 $23.78 $16.33 $19.34 $19.62 $14.20 $19.49 $21.48 $23.59 $21.87 $26.87 $27.61 $31.53 Number of Deals

6 EQUITY FINANCINGS IN U.S.-BASED, VC-BACKED COMPANIES, BY ROUND CLASS (QUARTER OVER QUARTER, ) FINANCING Number of Deals Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 Seed First Second Later Restart

7 EQUITY FINANCINGS IN U.S.-BASED, VC-BACKED COMPANIES, BY ROUND CLASS (QUARTER OVER QUARTER, ) FINANCING $18, $16, $14, $12, $10, $8, $6, $4, $2, $0.00 Amount Raised ($B) 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 Seed $ $ $ $ $ $ $ $ $ $ $ $ $ First $2,855.0$3,054.1 $2,201.9$2,367.4$3, $2,168.8 $3,447.9$3,234.8$2,263.9$3,521.9$4,237.9$3,686.2$4, Second $3,213.7 $3,253.1$2,233.9 $2,710.1 $2,445.1$2,053.2$4,102.8 $3,097.3$3,676.5 $3,132.0$4,868.6$3,615.6 $5, Later $14,938. $16,174. $10,158. $9,575.3$11,646.1 $7,772.1 $10,083. $12,670. $14,512.1 $12,788. $14,859. $16,959. $16, Restart $55.49 $16.20 $61.84 $41.80 $ $11.00 $82.85 $11.00 $40.58 $0.00 $29.60 $0.00 $

8 EQUITY FINANCINGS IN U.S.-BASED, VC-BACKED COMPANIES, MEDIAN DEAL SIZE ( ) FINANCING Median Equity Deal Size ($M) $8.00 $7.00 $6.00 $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 Median Equity Deal Size ($M) $5.00 $5.00 $4.40 $4.21 $4.50 $4.70 $5.00 $5.22 $5.03 $5.76 $6.00 $7.00 $6.00 8

9 EQUITY FINANCINGS IN U.S.-BASED, VC-BACKED COMPANIES, BY INDUSTRY GROUP (3Q 2018) FINANCING Business & Financial Services companies (which includes SaaS) received the lion s share of funding in 3Q, taking $7.55 billion across 299 deals. The amount invested was up 21% over the previous four-quarter average, while the number of deals fell 9%. The IT sector dropped to second place, with $7.20 billion in 410 rounds. This represented an increase of 25% in funding but a 5% dip in deal volume compared 3Q 2018 Industry Breakdown By Number of Deals Business & Financial Services Consumer Goods Consumer Services Energy & Utilities Healthcare Industrial Goods & Materials Information Technology to the previous four-quarter average. Healthcare companies placed a strong third, securing $6.90 billion through 291 deals. These figures were up 7% and 3% in total funding and deal volume, respectively, compared to the previous four-quarter average. For the year to date, Healthcare is in the lead so far, with a total of $21.30 billion raised across 870 transactions. 3Q 2018 Industry Breakdown By Amount Raised ($B) 3% 23% 24% 8% Business & Financial Services Consumer Goods Consumer Services Energy & Utilities Healthcare 22% 1% 19% Industrial Goods & Materials Information Technology 9

10 TOP DEALS FOR VC-BACKED COMPANIES (3Q 2018) FINANCING Company Name Location Industry Code Industry Segment Industry Group Brief Description Close Date Round Type Raised ($M) Lucid Motors Inc. NewTV Newark, CA Los Angeles, CA Power Supplies Broadcasting Electronics & Computer Hardware Media & Content Information Technology Consumer Services Provider of energy and electric drive (EV) solutions for electric vehicle applications. Developer of series with short, Youtubelength episodes. Round Investors (* denotes lead) 9/17/2018 Other Equity Saudi Arabia Public Investment Fund 8/7/2018 VC 1 st Warner Media LLC, Walt Disney Co., Viacom, Sony, NBC Universal Inc., Metro-Goldwyn-Mayer Studios Inc., Madrone Capital Partners*, Lionsgate Entertainment, Liberty Global, JPMorgan Chase & Co., ITV, Goldman Sachs Group Inc., Entertainment One Ltd., Alibaba Capital Partners, 21st Century Fox Inc. JUUL Labs Inc. San Francisco, CA Sports/Leisure Goods Personal Goods Consumer Goods Provider of electronic cigarettes. 7/10/2018 VC 2 nd Tiger Global Management LLC* Peloton Interactive Inc. New York, NY Sports/Leisure Goods Personal Goods Consumer Goods Provider of an interactive stationary exercise bike. 8/2/2018 VC 6 th Tiger Global Management LLC, Technology Crossover Ventures*, GGV Capital Ambatana Inc. New York, NY Shopping Facilitators Consumer Information Services Consumer Services Provider of a mobile application to buy and sell used goods locally. 8/8/2018 VC 4 th Naspers Ventures* 10

11 TOP DEALS FOR VC-BACKED COMPANIES (3Q 2018) FINANCING Company Name Location Industry Code Industry Segment Industry Group Brief Description Close Date Round Type Raised ($M) Uber Technologies Inc. San Francisco, CA Transportation Services Travel & Leisure Consumer Services Provider of an ondemand ridesharing and food delivery service. 8/27/2018 Corporate Equity Round Investors (* denotes lead) Toyota Motor Corp.* Zoox Inc. Foster City, CA Automobiles Vehicles & Parts Consumer Goods Developer of selfdriving cars. 7/17/2018 VC 2 nd Primavera Capital Group*, Mike Cannon-Brookes*, Lux Capital Management LLC, Draper Fisher Jurvetson, Blackbird Ventures Samumed LLC San Diego, CA Biotechnology Therapeutics Biopharmaceuticals Healthcare Developer of therapeutics for tissue-level regeneration. 8/6/2018 VC 2 nd Vickers Venture Partners, Starling Ventures LLC 11

12 MOST ACTIVE INVESTORS FOR U.S.-BASED, VC-BACKED COMPANIES (3Q 2018) FINANCING Alumni Ventures Group Y Combinator GV New Enterprise Associates Andreessen Horowitz Sequoia Capital 12

13 NUMBER OF DEALS/AMOUNT RAISED BY PRIMARY REGION (3Q 2018) FINANCING Number of Deals by Primary Region Amount Raised ($B) by Primary Region Number of Deals in 3Q 2018 by Primary Region Mid-Atlantic Midwest Central Midwest East Mountain New England Northern California 3Q Q 2018 Pacific Northwest South Central Mid-Atlantic Midwest Central Midwest East Mountain New England Northern California Pacific Northwest South Central South East Southern California $6.32 $0.45 $1.04 $1.07 $2.65 $14.28 $0.80 $0.57 $0.89 $3.38 Amount Raised ($B) in 3Q 2018 by Primary Region South East Southern California Mid-Atlantic Midwest Central Midwest East Mountain New England Northern California Pacific Northwest South Central South East Southern California 13

14 NUMBER OF DEALS/AMOUNT RAISED BY METRO REGION (3Q 2018) FINANCING Number of Deals by Metro Region Number of Deals by Metro Region 3Q 2018 Amount Raised ($B) by Metro Region 3Q 2018 Austin 29 $0.29 Boston 109 $2.61 Chicago 33 $0.46 Dallas-Fort Worth 12 $0.07 Los Angeles 66 $2.14 New York 199 $5.36 Orange County 15 $0.25 Potomac 38 $0.61 San Diego 24 $0.89 San Francisco Bay Area 434 $14.21 Seattle 44 $0.68 Metro Region Breakout Number of Deals San Francisco Bay Area New York Boston Los Angeles Seattle Potomac Chicago Austin San Diego Orange County Dallas-Fort Worth San Francisco Bay Area New York Metro Region Boston Breakout Los Angeles Amount San Diego Raised ($B) Seattle Potomac Chicago Austin Orange County Dallas-Fort Worth $2.61 $2.14 $0.89 $0.68 $0.61 $0.46 $0.29 $0.25 $ Amount Raised ($B) by Metro Region $5.36 $

15 VENTURE M&A AND IPO MARKET ACTIVITY IN THE U.S. DURING 3Q 2018 LIQUIDITY Exit Opportunities for U.S. VC Backed Companies ( ) In 3Q 2018, deal values for mergers and acquisitions of VC-backed companies declined by 12% when compared with the previous quarter. During the same period, the number of IPOs declined by 32% to a total of 21 listings for venture-backed companies. While this represents a significant decrease when compared with 2Q 2018 s record quarter, it still comes in 163% higher than the number of listings in 3Q Capital raised decreased by 53% from 2Q, reaching $2.26 billion. 3Q'18 2Q'18 1Q'18 4Q'17 3Q'17 2Q'17 1Q'17 4Q'16 3Q'16 2Q'16 1Q'16 4Q'15 3Q' Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 IPOs M&As

16 U.S. VC-BACKED M&As ( ) LIQUIDITY U.S. VC-Backed M&A Activity ( ) 202 M&As of venture-backed companies in the U.S. collected $33.02 billion during 3Q Compared to 2Q 2018, when a total of 190 transactions accumulated $37.48 billion, the number of deals increased by 6% while amount raised decreased by 12%. The largest deal of the quarter was Cisco Systems s acquisition of Duo Security Inc. for $2.35 billion, announced on August 2. The deal accounted for approx. 7% of the total amount paid in 3Q 2018 for M&As. $40.00 $35.00 $30.00 $25.00 $20.00 $15.00 $10.00 $5.00 $- 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 Amount Paid ($B) $27.37 $26.96 $23.10 $23.59 $26.40 $18.39 $20.22 $21.18 $21.80 $27.10 $32.00 $37.48 $33.02 Number of M&As

17 TOP 3 U.S. M&As (3Q 2018) LIQUIDITY Company Name Location Brief Description Industry Code Industry Segment Industry Group Close Date Round Type Amount Paid ($M) Acquirer Duo Security Inc.* Ann Arbor, MI Provider of two-factor authentication services. Network / Systems Management Software Software Information Technology 8/2/2018 Acquisition $2, Cisco Systems (Nasdaq: CSCO) Datorama Inc. New York, NY Provider of a software-asa-service (SaaS) based big data management platform for advertisers. Advertising / Marketing Business Support Services Business and Financial Services 7/16/2018 Acquisition $ Salesforce.com (NYSE: CRM) Mendix Inc.* Boston, MA Provider of platform-asa-service (PaaS) back- Business Applications Software end integration services. Software Information Technology 8/1/2018 Acquisition $ Siemens AG (ETR: SIE) *Deal pending regulatory approval 17

18 U.S. VC-BACKED IPOs ( ) LIQUIDITY U.S. VC-Backed IPO Activity ( ) 21 venture-backed companies raised $2.26 billion through public offerings in 3Q Both the number of deals and the capital raised dropped significantly from last quarter. Tenable Holdings Inc. s IPO was the biggest listing, raising $ million. The company, now quoted on the Nasdaq Stock Exchange under the TENB ticker symbol, was valued at $2.55 billion. $6.00 $5.00 $4.00 $3.00 $2.00 $ $- 3Q'15 4Q'15 1Q'16 2Q'16 3Q'16 4Q'16 1Q'17 2Q'17 3Q'17 4Q'17 1Q'18 2Q'18 3Q'18 Raised ($B) through IPO $1.63 $1.36 $0.38 $0.79 $0.99 $0.69 $3.95 $2.04 $0.62 $2.65 $1.75 $4.78 $2.26 Number of IPOs

19 TOP 3 U.S. IPOs (3Q 2018) LIQUIDITY Company Name Location Brief Description Industry Code Industry Segment Industry Group Close Date Round Type Raised through IPO ($M) Exchange Tenable Holdings Inc. Columbia, MD Provider of cyber security solutions. Network / Systems Management Software Software Information Technology 7/26/2018 IPO $ NASDAQ: TENB Eventbrite Inc. San Francisco, CA Provider of online event management and ticketing services. Shopping Facilitators Consumer Information Services Consumer Services 9/20/2018 IPO $ NYSE: EB Sonos Inc. Santa Barbara, Provider of wireless speakers. CA Consumer Electronics Electronics and Computer Hardware Information Technology 8/2/2018 IPO $83.33 NASDAQ: SONO 19

20 ABOUT US Dow Jones VentureSource helps venture capitalists, corporate development executives, investment bankers, and service providers find deal and partnership opportunities, perform comprehensive due diligence, and examine trends in venture capital investment, fundraising, and liquidity. It provides accurate, comprehensive data on venture-backed companies including their investors and executives in every region, industry, and stage of development throughout the world. The investment figures included in this release are based on aggregate findings of Dow Jones' proprietary research and are contained in VentureSource. This data was collected through surveys of professional firms, interviews with company executives, and from secondary sources. These venture capital statistics cover institutional equity investments in early stage, innovative companies and do not include companies receiving funding solely from corporate, individual, and/or government investors. Figures contained throughout the report are current at the time of publication but are subject to change without notice. No statement herein is to be construed as a recommendation to buy or sell securities or to provide investment advice. 20

21 ABOUT DOW JONES Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 125 years and today has one of the world s largest newsgathering operations globally. It produces leading publications and products including the flagship Wall Street Journal, America s largest newspaper by paid circulation; Factiva, Barron s, MarketWatch, Financial News, DJX, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones VentureSource. MEDIA CONTACT: Colleen Schwartz Colleen.Schwartz@dowjones.com 21

VentureSource U.S. -- 4Q 2013

VentureSource U.S. -- 4Q 2013 U.S. -- 4Q 2013 The following report presents DJX VentureSource s quarterly findings for U.S. venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer a comprehensive

More information

Venture Capital Report

Venture Capital Report Venture Capital Report U.S. 4Q 2017 The following report presents Dow Jones VentureSource s quarterly findings for U.S. venture capital fundraising, investment, valuation, and liquidity. The included charts

More information

Venture Capital Report

Venture Capital Report Venture Capital Report U.S. 1Q 2018 The following report presents Dow Jones VentureSource s quarterly findings for U.S. venture capital fundraising, investment, valuation, and liquidity. The included charts

More information

Venture Capital Report

Venture Capital Report Venture Capital Report China 2 Q 2018 The following report presents Dow Jones VentureSource s quarterly findings for Chinese venture capital fundraising, investment, valuation, and liquidity. The included

More information

Venture Capital Report

Venture Capital Report China 4Q 2014 The following report presents Dow Jones VentureSource s quarterly findings for Chinese venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer

More information

Venture Capital Report

Venture Capital Report Venture Capital Report China 1 Q 2018 The following report presents Dow Jones VentureSource s quarterly findings for Chinese venture capital fundraising, investment, valuation, and liquidity. The included

More information

Venture Capital Report

Venture Capital Report Venture Capital Report Europe 3Q 2015 The following report presents Dow Jones VentureSource s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included

More information

VentureSource U.S. -- 3Q 2014

VentureSource U.S. -- 3Q 2014 U.S. -- 3Q 2014 The following report presents Dow Jones VentureSource s quarterly findings for U.S. venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer

More information

VentureSource China -- 3Q 2014

VentureSource China -- 3Q 2014 China -- 3Q 2014 The following report presents Dow Jones VentureSource s quarterly findings for Chinese venture capital fundraising, investment, and liquidity. The included charts and graphs offer a comprehensive

More information

Venture Capital Report

Venture Capital Report Venture Capital Report Europe 1Q 2018 The following report presents Dow Jones VentureSource s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included

More information

Venture Capital Report

Venture Capital Report Venture Capital Report Europe 3Q 2018 The following report presents Dow Jones VentureSource s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included

More information

VentureSource China -- 1Q 2014

VentureSource China -- 1Q 2014 China -- 1Q 2014 The following report presents Dow Jones VentureSource s quarterly findings for Chinese venture capital fundraising, investment, and liquidity. The included charts and graphs offer a comprehensive

More information

Venture Capital Report

Venture Capital Report Venture Capital Report Europe 3Q 2017 The following report presents Dow Jones VentureSource s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included

More information

AFTER NEARLY 3 YEARS OF STEADY GROWTH, U.S. VENTURE INVESTMENT PULLS BACK 7% IN 1 ST QUARTER TO $6.84 BILLION

AFTER NEARLY 3 YEARS OF STEADY GROWTH, U.S. VENTURE INVESTMENT PULLS BACK 7% IN 1 ST QUARTER TO $6.84 BILLION FOR IMMEDIATE RELEASE For more information: Adam Wade Dow Jones Financial Information Services (415) 439-6666 adam.wade@dowjones.com AFTER NEARLY 3 YEARS OF STEADY GROWTH, U.S. VENTURE INVESTMENT PULLS

More information

VentureSource Europe -- 3Q 2014

VentureSource Europe -- 3Q 2014 Europe -- 3Q 2014 The following report presents Dow Jones VentureSource s quarterly findings for European venture capital fundraising, investment, and liquidity. The included charts and graphs offer a

More information

Venture Capital Report

Venture Capital Report Venture Capital Report Europe 4Q 2017 The following report presents Dow Jones VentureSource s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included

More information

Venture Capital Report

Venture Capital Report Venture Capital Report China 4Q 2018 The following report presents Dow Jones VentureSource s quarterly findings for Chinese venture capital fundraising, investment, valuation, and liquidity. The included

More information

Venture Capital Report

Venture Capital Report Europe 4Q 2014 The following report presents Dow Jones VentureSource s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs

More information

Silicon Valley Venture Capital Survey Second Quarter 2018

Silicon Valley Venture Capital Survey Second Quarter 2018 fenwick & west Silicon Valley Venture Capital Survey Second Quarter 2018 Full Analysis Silicon Valley Venture Capital Survey Second Quarter 2018 fenwick & west Full Analysis Cynthia Clarfield Hess, Mark

More information

Venture Capital Research Report Q4 2017

Venture Capital Research Report Q4 2017 Venture Capital Research Report Q4 2017 As of February 9, 2018 Executive Summary VC market in the US Regional share of investment VC market in the SF Bay Area Annual VC investment in the SF Bay Area VC

More information

Silicon Valley Venture Capital Survey Third Quarter 2017

Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west Silicon Valley Venture Capital Survey Third Quarter 2017 Full Analysis Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west Full Analysis Cynthia Clarfield Hess, Mark

More information

Shaking the MoneyTree TM Q Update

Shaking the MoneyTree TM Q Update www.pwc.com Shaking the MoneyTree TM Update PricewaterhouseCoopers/National Venture Capital Association MoneyTree TM Report based on data from Thomson Reuters HJ Paik Director, Emerging Company Services

More information

Shaking the MoneyTree TM Q Update

Shaking the MoneyTree TM Q Update www.pwc.com Shaking the MoneyTree TM Q1 2015 Update PricewaterhouseCoopers/National Venture Capital Association MoneyTree TM Report based on data from Thomson Reuters HJ Paik Director, Emerging Company

More information

PricewaterhouseCoopers National Venture Capital Association. Report. Data provided by Thomson Reuters

PricewaterhouseCoopers National Venture Capital Association. Report. Data provided by Thomson Reuters PricewaterhouseCoopers National Venture Capital Association Data provided by Thomson Reuters Report Q1 2010 US results The Q1 2010 MoneyTree results are in! This special report provides summary results

More information

Venture Capital Industry Overview. Powered By:

Venture Capital Industry Overview. Powered By: Venture Capital Industry Overview Powered By: U.S. U.S. Fundraising Fundraising Slows in 1Q 05 Commitments to Venture Capital Funds $80 $83.5 Funds Raised ($B) $60 $40 $20 $0 $58.8 $50.5 $26.9 $17.1 $17.7

More information

Trends in Terms of Venture Financings In Silicon Valley (Second Quarter 2010)

Trends in Terms of Venture Financings In Silicon Valley (Second Quarter 2010) Trends in Terms of Venture Financings In Silicon Valley (Second Quarter 2010) Background We analyzed the terms of venture financings for 126 companies headquartered in Silicon Valley that reported raising

More information

MoneyTree Report Q PricewaterhouseCoopers National Venture Capital Association. Data provide by Thomson Reuters.

MoneyTree Report Q PricewaterhouseCoopers National Venture Capital Association. Data provide by Thomson Reuters. www.pwcmoneytree.com PricewaterhouseCoopers National Venture Capital Association TM MoneyTree Report Data provide by Thomson Reuters The MoneyTree results are in! This special report provides summary results

More information

Angel Group Update: Q2 2013

Angel Group Update: Q2 2013 Angel Group Update: Q2 2013 Table of Contents Q2 2013 Highlights p. 4 National Trends p. 6 Most Active Angels p.13 Regional Trends p. 16 Sector Trends p. 21 About the Halo Report p. 24 2 Q2 2013 Highlights

More information

Digital Health Funding and M&A

Digital Health Funding and M&A Digital Health Funding and M&A 2018 Third Quarter and Nine Month Report Funding and Merger & Acquisition activity for the Digital Health sector http://www.mercomcapital.com 1 Copyright 2010-2016 Mercom

More information

2011 Angel Group Year in Review

2011 Angel Group Year in Review 2011 Angel Group Year in Review What is the Halo Report? Angel Group Investment Trends: The Angel Resource Institute, Silicon Valley Bank and CB Insights set out to raise awareness of early stage investment

More information

2Q13. Trends in Terms of Venture Financings in Silicon Valley. Second Quarter fenwick & west llp

2Q13. Trends in Terms of Venture Financings in Silicon Valley. Second Quarter fenwick & west llp 2Q13 Trends in Terms of Venture Financings in Silicon Valley Second Quarter 2013 Fenwi wick fenwick & west llp Silicon Valley Venture Capital Survey Second Quarter 2013 Barry Kramer and Michael Patrick

More information

FUNDS DATABASE SCOPE INCLUSION CRITERIA DATA HIGHLIGHTS

FUNDS DATABASE SCOPE INCLUSION CRITERIA DATA HIGHLIGHTS INDUSTRY RE FUNDS 1969 to present Industry surveys, quarterly and annual fund reports 9,240+ venture capital and private equity funds Venture capital and buyout funds that have invested in companies Name

More information

The percentage of Series A rounds declined significantly, to 12% of all deals.

The percentage of Series A rounds declined significantly, to 12% of all deals. Silicon Valley Venture Capital Survey Fourth Quarter 2012 Barry Kramer and Michael Patrick Fenwick fenwick & west llp Background We analyzed the terms of venture financings for 116 companies headquartered

More information

Venture-Backed Exit Activity Shows Improved Signs of Life in Q1 2010

Venture-Backed Exit Activity Shows Improved Signs of Life in Q1 2010 CONTACTS Channa Brooks Tenor Communications for NVCA 1.302.368.2345 channa@tenorcom.com Daniel Billings Thomson Reuters 1.646 223 5985 daniel.billings@thomsonreuters.com Exit Activity Shows Improved Signs

More information

PwC Deals $42B. Global Pharma & Life Sciences Deals Insights Q Update

PwC Deals $42B. Global Pharma & Life Sciences Deals Insights Q Update PwC Deals Q3 16 Update Executive summary Global Pharma and Life Sciences (PLS) deal activity declined both in volume and value this quarter compared to the prior quarter and Q3 15. The considerable decrease

More information

Overview of Venture Equity

Overview of Venture Equity Overview of Venture Equity SVB Analytics Report 2017 Written by SVB Analytics: Steve Liu Managing Director sliu@svb.com Sean Lawson Senior Manager slawson2@svb.com Steven Pipp Senior Associate spipp@svb.com

More information

Trends in Terms of Venture Financings In Silicon Valley (Second Quarter 2011)

Trends in Terms of Venture Financings In Silicon Valley (Second Quarter 2011) Trends in Terms of Venture Financings In Silicon Valley (Second Quarter 2011) Background We analyzed the terms of venture financings for 117 companies headquartered in Silicon Valley that reported raising

More information

NEW GENERATION OF VCs LEADS STARTUP CEOs BACK TO THE FOLD

NEW GENERATION OF VCs LEADS STARTUP CEOs BACK TO THE FOLD April 2012 THE PENDULUM SWINGS IN FUNDING: NEW GENERATION OF VCs LEADS STARTUP CEOs BACK TO THE FOLD 2 Survey Overview The Palo Alto office of Dorsey & Whitney embarked on their second market survey of

More information

Average M&A Deal Size at Highest Level Since 2004

Average M&A Deal Size at Highest Level Since 2004 CONTACTS Ben Veghte NVCA 1.703.778.9292 bveghte@nvca.org Lauren Herman Thomson Reuters 1.646.223.5985 lauren.herman@thomsonreuters.com VENTURE-BACKED IPO EXIT ACTIVITY MAINTAINS MOMENTUM WITH BEST QUARTER

More information

3Q13. Trends in Terms of Venture Financings in Silicon Valley. Third Quarter Fenwick. fenwick & west llp

3Q13. Trends in Terms of Venture Financings in Silicon Valley. Third Quarter Fenwick. fenwick & west llp 3Q13 Trends in Terms of Venture Financings in Silicon Valley Third Quarter 2013 Fenwick fenwick & west llp Silicon Valley Venture Capital Survey Third Quarter 2013 Barry Kramer and Michael Patrick Fenwick

More information

Medtech Slowdown. Life sciences venture capital funding lagged behind other industries, declining 10% in 4Q13 and 1% in 2013 over last year

Medtech Slowdown. Life sciences venture capital funding lagged behind other industries, declining 10% in 4Q13 and 1% in 2013 over last year www.pwc.com Medtech Slowdown Life sciences venture capital funding lagged behind other industries, declining 10% in 4Q13 and 1% in 2013 over last year February 2014 2 PwC US venture capital funding for

More information

Click to edit Master title style The State of the Venture Capital Industry Click to edit Master text styles

Click to edit Master title style The State of the Venture Capital Industry Click to edit Master text styles The State of the Venture Capital Industry Bobby Franklin President Third & level CEO of NVCA Southeast Venture Conference March 16 Overview Click Venture to edit capital Master stats text at-a-glance styles

More information

Florida Venture Factbook

Florida Venture Factbook S E AT T L E SAN FRANCISCO NEW YORK LONDON Florida Venture Factbook 2019 pitchbook.com US + 1 206.623.1986 UK + 44 (0)207.190.9809 demo@pitchbook.com PG 1 Dear Attendee, On behalf of the Florida Venture

More information

Moving Ahead. Third-quarter Technology venture capital investment increased 33 percent yearover-year. percent quarter-over-quarter.

Moving Ahead. Third-quarter Technology venture capital investment increased 33 percent yearover-year. percent quarter-over-quarter. Moving Ahead Third-quarter Technology venture capital investment increased 33 percent yearover-year but decreased 6 percent quarter-over-quarter October 2 PwC US venture capital funding for the Technology

More information

1H16 Summary of M&A and Investment Activity in the. Marketing, Media, and Technology Industries. 1,509 Transactions Totaling a Reported $74.

1H16 Summary of M&A and Investment Activity in the. Marketing, Media, and Technology Industries. 1,509 Transactions Totaling a Reported $74. 1H16 Summary of M&A and Investment Activity in the : 1,509 Totaling a $74.4 Billion Digital Media/Commerce was the Most Active Segment with 614, Followed by Marketing Technology with 474 ; Digital Media/Commerce

More information

2013 venture capital trends summary

2013 venture capital trends summary 213 venture capital trends summary Prepared by: Hitesh Kothari, Director, McGladrey LLP hitesh.kothari@mcgladrey.com August 213 Fundraising by venture capital funds In the first half of 213, 88 venture

More information

TECH START-UP CONNECTING ACROSS GEOGRAPHIES

TECH START-UP CONNECTING ACROSS GEOGRAPHIES #ML15MayRathon TECH START-UP CONNECTING ACROSS GEOGRAPHIES Andrew Ray, Partner, Washington DC William Perkins, Partner, Boston James Chapman, Partner, Silicon Valley Joseph Statter, Managing Director,

More information

Steve Bengston

Steve Bengston VC Outlook 2009: Looking Down the Money Trail Steve Bengston steve.bengston@us.pwc.com 650 281 9843 PricewaterhouseCoopers/ National Venture Capital Association MoneyTree Report MoneyTree Total Investments:

More information

IVC-MEITAR HIGH-TECH EXITS H1/ 2015 REPORT. IVC-Meitar 2014 Exits Report Prepared by IVC Research Center Ltd.

IVC-MEITAR HIGH-TECH EXITS H1/ 2015 REPORT. IVC-Meitar 2014 Exits Report Prepared by IVC Research Center Ltd. IVC-MEITAR HIGH-TECH EXITS H1/ 215 REPORT IVC-Meitar 214 Exits Report Prepared by IVC Research Center Ltd. Israeli High-Tech Exit Highlights Exit proceeds in H1/215 reached ¾ of total exits for 214 Average

More information

VENTURE-BACKED IPO EXIT ACTIVITY KEEPS MOMENTUM WITH BEST FULL YEAR FOR NEW LISTINGS SINCE 2007; THIRD CONSECUTIVE QUARTER FOR 20+ OFFERINGS SINCE

VENTURE-BACKED IPO EXIT ACTIVITY KEEPS MOMENTUM WITH BEST FULL YEAR FOR NEW LISTINGS SINCE 2007; THIRD CONSECUTIVE QUARTER FOR 20+ OFFERINGS SINCE CONTACTS Laura Cruz Tenor Communications for NVCA 1.917.406.7517 laura@tenorcom.com Lauren Herman Thomson Reuters 1.646.223.5985 lauren.herman@thomsonreuters.com VENTURE-BACKED IPO EXIT ACTIVITY KEEPS

More information

Software was the Most Active and Highest Value Segment in 2015 with 1,288 Transactions Totaling $61.5 Billion in Reported Deal Value.

Software was the Most Active and Highest Value Segment in 2015 with 1,288 Transactions Totaling $61.5 Billion in Reported Deal Value. 2015 Summary of M&A and Investment Activity in the : 1,903 Totaling a $99.6 Billion Software was the Most Active and Highest Value Segment in 2015 with 1,288 Totaling $61.5 Billion in Deal Value December

More information

Financing Emerging Growth Companies

Financing Emerging Growth Companies Financing Emerging Growth Companies July (8,15,22) 2005 Ravi Sinha/Wilson Zehr Portland State University School of Business July 8, 2005 1:00 1:50 Class overview, review syllabus, grading, case studies

More information

Quarterly M&A Report Q1 2012

Quarterly M&A Report Q1 2012 John Hill hill@hydeparkcapital.com (813) 383-0205 John McDonald mcdonald@hydeparkcapital.com (813) 383-0206 Quarterly M&A Report Q1 2012 Keith Hodgdon Senior Vice President hodgdon@hydeparkcapital.com

More information

VENTURE-BACKED IPO EXIT ACTIVITY MORE THAN DOUBLES IN Q WITH STRONGEST QUARTER FOR BIOTECH OFFERINGS SINCE 2000

VENTURE-BACKED IPO EXIT ACTIVITY MORE THAN DOUBLES IN Q WITH STRONGEST QUARTER FOR BIOTECH OFFERINGS SINCE 2000 CONTACTS Laura Cruz Tenor Communications for NVCA 1.917.406.7517 laura@tenorcom.com Lauren Herman Thomson Reuters 1.646.223.5985 lauren.herman@thomsonreuters.com VENTURE-BACKED IPO EXIT ACTIVITY MORE THAN

More information

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT A Summary of the San Diego Regional Economy UNEMPLOYMENT San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego's standing relative

More information

CANADIAN PRIVATE EQUITY BUYOUT REVIEW

CANADIAN PRIVATE EQUITY BUYOUT REVIEW CANADIAN PRIVATE EQUITY BUYOUT REVIEW First Half 2016 REUTERS Table of Contents Canada s PE Buyout Market in Q2 2016 3 $ Invested and # Companies Financed 5 Top Buyout Deals 9 Canada by Market Segment

More information

1h Fenwick. Trends in Terms of U.S. Life Science Venture Financings. First Half fenwick & west llp

1h Fenwick. Trends in Terms of U.S. Life Science Venture Financings. First Half fenwick & west llp 1h 2012 Trends in Terms of U.S. Life Science Venture Financings First Half 2012 Fenwick fenwick & west llp 1h 2012 Trends in Terms of U.S. Life Science Venture Financings First Half 2012 Survey Introduction

More information

KKR and FS Investments Form Strategic BDC Partnership Creates the Leading $18BN Alternative Lending Platform. December 2017

KKR and FS Investments Form Strategic BDC Partnership Creates the Leading $18BN Alternative Lending Platform. December 2017 KKR and FS Investments Form Strategic BDC Partnership Creates the Leading $18BN Alternative Lending Platform December 2017 Strategic BDC Partnership Introduction On December 11, 2017, KKR and FS Investments

More information

Israel Venture Capital Investments Report Q3 2017

Israel Venture Capital Investments Report Q3 2017 Israel Venture Capital Investments Report Q3 2017 NOVEMBER 2017 Summary of Israeli Venture Capital Raising Q3/2017 +14% from Q2/2017 Israeli high-tech capital raising summed up to $1.44B @ ALL RIGHTS RESERVED.

More information

Private Equity-Backed Buyout Deals and Exits Down in Q Market Volatility and Tightened Credit Markets Lead to an Absence of Large-Cap Deals

Private Equity-Backed Buyout Deals and Exits Down in Q Market Volatility and Tightened Credit Markets Lead to an Absence of Large-Cap Deals Press Release 3 rd October 211 Equity-Backed Buyout Deals and Exits Down in 211 Market Volatility and Tightened Credit Markets Lead to an Absence of Large-Cap Deals Preqin s quarterly deals data shows

More information

VENTURE CAPITAL INVESTING REACHES HIGHEST LEVEL SINCE Q WITH $13.0 BILLION INVESTED DURING Q2 2014, ACCORDING TO THE MONEYTREE REPORT

VENTURE CAPITAL INVESTING REACHES HIGHEST LEVEL SINCE Q WITH $13.0 BILLION INVESTED DURING Q2 2014, ACCORDING TO THE MONEYTREE REPORT Contacts: Clare Chachere, PwC US, 512-867-8737, clare.chachere@us.pwc.com Jeffrey Davidson, Brainerd Communicators for PwC, 212-739-6733, davidson@braincomm.com Ben Veghte, NVCA, 703-778-9292, bveghte@nvca.org

More information

PitchBook. Bet ter Data. Bet ter Decisions. 4Q 2012 Private Equity. Company Inventory. Report. Sponsored by:

PitchBook. Bet ter Data. Bet ter Decisions. 4Q 2012 Private Equity. Company Inventory. Report. Sponsored by: 4Q 2012 Private Equity Company Inventory Report Sponsored by: www.newstarfin.com Introduction In the last few quarters, an overwhelming number of the inquiries coming in to the Research Team have centered

More information

Trends in Terms of U.S. Life Science Venture Financings. Full Year Fenwick. fenwick & west llp

Trends in Terms of U.S. Life Science Venture Financings. Full Year Fenwick. fenwick & west llp 2012 Trends in Terms of U.S. Life Science Venture Financings Full Year 2012 Fenwick fenwick & west llp 2012 Trends in Terms of U.S. Life Science Venture Financings Full Year 2012 Survey Intro and Background

More information

What s Hot? The M&A and Funding Landscape for Embedded Vision Companies

What s Hot? The M&A and Funding Landscape for Embedded Vision Companies What s Hot? The M&A and Funding Landscape for Embedded Vision Companies Dr. Rudolph Burger May 2018 Copyright 2018 Woodside Capital Partners 1 Questions Addressed 1. How have we segmented the embedded

More information

led by Sony Corporation of America and its equity partners Providence Equity

led by Sony Corporation of America and its equity partners Providence Equity Consortium Led by Sony Corporation of America, Providence Equity Partners, Texas Pacific Group, Comcast Corporation and DLJ Merchant Banking Partners Enters Into Definitive Agreement To Acquire Metro-Goldwyn-Mayer

More information

KKR & Co. Inc. Goldman Sachs U.S. Financial Services Conference December 4, 2018

KKR & Co. Inc. Goldman Sachs U.S. Financial Services Conference December 4, 2018 KKR & Co. Inc. Goldman Sachs U.S. Financial Services Conference December 4, 2018 KKR Today Private Markets Public Markets Capital Markets Principal Activities $104bn AUM $91bn AUM Global Franchise $19bn

More information

AMERICAN INVESTMENT COUNCIL Q3 Private Equity Industry Investment Report

AMERICAN INVESTMENT COUNCIL Q3 Private Equity Industry Investment Report AMERICAN INVESTMENT COUNCIL -Q3 Private Equity Industry Investment Report Table of Contents Page Executive Summary 3 Business Products & Services 5 Consumer Products & Services 6 Information Technology

More information

Angel Investment Groups Trends and Statistics

Angel Investment Groups Trends and Statistics Angel Investment Groups Trends and Statistics Based on surveys and membership application data from members of the Angel Capital Association May, 2008 Summary of ACA Membership May, 2008 Full Members 147

More information

Private Equity Market Update. February 2013

Private Equity Market Update. February 2013 Private Equity Market Update February 213 U.S. Private Equity Deal Activity Deal activity in the first three quarters of 212 was lower than the corresponding quarters in 211 due to a number of factors.

More information

Global Source Ventures, LLC Introduction. Antonius Schuh Managing Partner Stephen Zaniboni Managing Partner

Global Source Ventures, LLC Introduction. Antonius Schuh Managing Partner Stephen Zaniboni Managing Partner Global Source Ventures, LLC Introduction Antonius Schuh Managing Partner Stephen Zaniboni Managing Partner Introduction to Global Source Ventures GSV provides seed capital to emerging companies with emphasis

More information

SVB FINANCIAL GROUP FORM 8-K. (Current report filing) Filed 07/25/00 for the Period Ending 07/25/00

SVB FINANCIAL GROUP FORM 8-K. (Current report filing) Filed 07/25/00 for the Period Ending 07/25/00 SVB FINANCIAL GROUP FORM 8-K (Current report filing) Filed 07/25/00 for the Period Ending 07/25/00 Address 3003 TASMAN DR SANTA CLARA, CA 95054 Telephone 4086547400 CIK 0000719739 Symbol SIVB SIC Code

More information

Q Q Cleantech Investment Monitor VOL. 7 / ISSUE 1.

Q Q Cleantech Investment Monitor VOL. 7 / ISSUE 1. Q1 2008 Q1 2008 VOL. 7 / ISSUE 1 Cleantech Investment Monitor we put the squeaky in your CLEAN If you are a cleantech leader looking to engage advocates worldwide with strategic PR, please contact: William

More information

Trends in Healthcare Investments and Exits 2018

Trends in Healthcare Investments and Exits 2018 Trends in Healthcare Investments and Exits 208 208 Massachusetts Life Science Innovation Day Clark Hayes Managing Director Life Science/Healthcare Northeast Head of Business Development SVB Corporate Overview

More information

KKR & Co. L.P. Morgan Stanley Financials Conference: June 13, 2018

KKR & Co. L.P. Morgan Stanley Financials Conference: June 13, 2018 KKR & Co. L.P. Morgan Stanley Financials Conference: June 13, 2018 ($ in trillions) KKR Growth in Alternative Asset Market Share KKR AUM +20% CAGR +21% CAGR Alternative AUM +12% CAGR $190 (1) ($ in billions)

More information

Fall State of the Industry Report UF SID MARTIN FLORIDA BIODATABASE

Fall State of the Industry Report UF SID MARTIN FLORIDA BIODATABASE Fall 2015 State of the Industry Report UF SID MARTIN FLORIDA BIODATABASE Industry Overview The expansion of Florida s biotech industry remains resilient with an overall growth rate of 92% in the number

More information

Venture Capital And Private Equity: A Practitioner's Manual READ ONLINE

Venture Capital And Private Equity: A Practitioner's Manual READ ONLINE Venture Capital And Private Equity: A Practitioner's Manual READ ONLINE If you are searched for the ebook Venture Capital and Private Equity: A Practitioner's Manual in pdf form, then you've come to loyal

More information

Silicon Valley Venture Capital Survey Third Quarter 2017

Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west Silicon Valley Venture Capital Survey Third Quarter 2017 First Look Silicon Valley Venture Capital Survey Third Quarter 2017 fenwick & west First Look Cynthia Clarfield Hess, Mark Leahy

More information

Jim Labe. The Global Leader in Venture Finance

Jim Labe. The Global Leader in Venture Finance Jim Labe CHIEF EXECUTIVE OFFICER & CO-FOUNDER Jim Labe is the Chief Executive Officer and co-founder of TriplePoint Capital. Mr. Labe is widely recognized as the pioneer of the venture leasing and lending

More information

Innovation Ecosystem in the USA Rui Boavista Marques

Innovation Ecosystem in the USA Rui Boavista Marques Innovation Ecosystem in the USA Rui Boavista Marques Portugal Tech Network CALIFORNIA PORTUGAL VENTURES PARTNERSHIP: RUNWAY (LBC) NEW YORK AICEP PARTNERSHIP: MADE IN NY MEDIA CENTER MASSACHUSETTS FCT INTERNATIONAL

More information

3Q18 Summary of M&A and Investment Activity in the Marketing, Media, and Technology Industries: 990 Transactions Totaling a Reported $55.

3Q18 Summary of M&A and Investment Activity in the Marketing, Media, and Technology Industries: 990 Transactions Totaling a Reported $55. ` 3Q18 Summary of M&A and Investment Activity in the : 990 Totaling a $55.9 Billion Digital Media/Commerce was the Most Active Segment with 427, Followed by Marketing Technology with 260 ; Digital Media/Commerce

More information

Raising Capital. Get the Money You Need to Grow Your Business. Third Edition. Andrew J. Sherman

Raising Capital. Get the Money You Need to Grow Your Business. Third Edition. Andrew J. Sherman \ Raising Capital Get the Money You Need to Grow Your Business Third Edition Andrew J. Sherman AMACOM American Management Association New York Atlanta Brussels Chicago Mexico City San Francisco Shanghai

More information

SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT

SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT SAN DIEGO S QUARTERLY ECONOMIC SNAPSHOT December 2018 SAN DIEGO HIGHLIGHTS IN THIS ISSUE Every quarter San Diego Regional EDC analyzes key economic indicators that are important to understanding the regional

More information

Q INTRODUCTION VC ACTIVITY OVERVIEW. Summary of investment and fundraising. ($ millions)

Q INTRODUCTION VC ACTIVITY OVERVIEW. Summary of investment and fundraising.   ($ millions) www.sme-fdi.gc.ca/vcmonitor INTRODUCTION This issue discusses venture capital (VC) investment and fundraising activity in Canada during the third quarter of 21, covering July through September 21. VC ACTIVITY

More information

M&A Update 1H Proven. Focused. Trusted. Accounts Receivable Management Healthcare IT Revenue Cycle Management

M&A Update 1H Proven. Focused. Trusted. Accounts Receivable Management Healthcare IT Revenue Cycle Management M&A Update 1H 2017 Accounts Receivable Management Healthcare IT Revenue Cycle Management Proven. Focused. Trusted. 301-576-4000 www.greenberg-advisors.com Proven. Focused. Trusted Revenue Cycle Management

More information

University of Oxford Executive Finance Programmes

University of Oxford Executive Finance Programmes University of Oxford Oxford s executive education programmes in finance provide the industry leaders of today and tomorrow with an opportunity to come together with peers from across the sector and around

More information

KKR & Co. L.P. Goldman Sachs U.S. Financial Services Conference: December 6, 2017

KKR & Co. L.P. Goldman Sachs U.S. Financial Services Conference: December 6, 2017 KKR & Co. L.P. Goldman Sachs U.S. Financial Services Conference: December 6, 2017 KKR Growth in Alternative Asset Market Share KKR AUM +20% CAGR Alternative AUM +12% CAGR ($ in trillions) ($ in billions)

More information

Venture financings in 3Q12 continued to show solid price increases from their prior round, but 3Q12 was not as strong as 2Q12.

Venture financings in 3Q12 continued to show solid price increases from their prior round, but 3Q12 was not as strong as 2Q12. Silicon Valley Venture Capital Survey Third Quarter 2012 Barry Kramer and Michael Patrick Fenwick fenwick & west llp Background We analyzed the terms of venture financings for 117 companies headquartered

More information

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT A Summary of the San Diego Regional Economy Brought to you by San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego s standing relative

More information

presents THE ANGEL CONNECTION

presents THE ANGEL CONNECTION presents THE ANGEL CONNECTION THANK YOU SPONSORS Premier Partner THANK YOU SPONSORS Premier Partner THANK YOU SPONSORS Premier Partner THANK YOU SPONSORS Site Partner THANK YOU SPONSORS Association Partners

More information

NOKIA GROWTH PARTNERS

NOKIA GROWTH PARTNERS February 21, 2016 NOKIA GROWTH PARTNERS Backing entrepreneurs focused on building solutions for the connected world IN BRIEF ASSETS $1B MORE THAN $1B AUM $500M PROVEN FOR NEW DEALS GLOBAL PORTFOLIO US,

More information

Jim Labe. The Global Leader in Venture Finance

Jim Labe. The Global Leader in Venture Finance Jim Labe CHIEF EXECUTIVE OFFICER & CO-FOUNDER Jim Labe is the Chief Executive Officer and co-founder of TriplePoint Capital. Mr. Labe is widely recognized as the pioneer of the venture leasing and lending

More information

THE INSTITUTIONALIZATION OF THE PRE-IPO EQUITY MARKET

THE INSTITUTIONALIZATION OF THE PRE-IPO EQUITY MARKET THE INSTITUTIONALIZATION OF THE PRE-IPO EQUITY MARKET 1 A LONGER ROAD TO THE PUBLIC MARKET... For decades, there has been a well-worn path for innovative and fast-growing companies funded by venture capitalists

More information

GLOBAL & LOCAL INVESTMENT TRENDS

GLOBAL & LOCAL INVESTMENT TRENDS GLOBAL & LOCAL INVESTMENT TRENDS IS IT TIME FOR BVCA? Evgeny Angelov 27 October 2015 Agenda Global activity European perspective Bulgaria momentum, but challenges Role of BVCA 2 The importance of private

More information

2 nd Quarter Earnings Conference Call

2 nd Quarter Earnings Conference Call 2 nd Quarter Earnings Conference Call KKR & Co. Inc. Investor Update July 26, 2018 Recent Milestones K-1 $ Converted to a Corporation on July 1, 2018 Investor Day held on July 9, 2018 2 Key Metrics Assets

More information

The Co-investment Climate in Private Equity

The Co-investment Climate in Private Equity The Co-investment Climate in Private Equity Maximize Your Competitiveness and, for Some, Ensure Your Survival Claudia Montoto The Mergermarket Group (Moderator) Julia D. Corelli Pepper Hamilton LLP Bruce

More information

2018 Midwest Startup and Venture Capital Market Analysis. Hyde Park Angels Exclusive Report

2018 Midwest Startup and Venture Capital Market Analysis. Hyde Park Angels Exclusive Report 2018 Midwest Startup and Venture Capital Market Analysis Hyde Park Angels Exclusive Report Table of Contents 1 Introduction, page 3 2 The Great Lakes Leads Among Tier 2 Regions, page 5 3 Midwest Investment

More information

PRESENTATION ON PRIVATE EQUITY 16 th January, 2017 at the Institute of Chartered Accountants of India, EIRC

PRESENTATION ON PRIVATE EQUITY 16 th January, 2017 at the Institute of Chartered Accountants of India, EIRC PRESENTATION ON PRIVATE EQUITY 16 th January, 2017 at the Institute of Chartered Accountants of India, EIRC 1 Brief Introduction on Speaker Anjan Mitra qualified as a CA in 1984 from Kolkata His corporate

More information

The Walt Disney Company - Strategy, SWOT and Corporate Finance Report

The Walt Disney Company - Strategy, SWOT and Corporate Finance Report The Walt Disney Company - Strategy, SWOT and Corporate Finance Report The Walt Disney Company - Strategy, SWOT and Corporate Finance Report The Business Research Store is run by Sector Publishing Intelligence

More information

4 th Quarter Earnings Conference Call

4 th Quarter Earnings Conference Call 4 th Quarter Earnings Conference Call KKR & Co. L.P. Investor Update February 9, 2017 Healthy Level of New Capital Raised Year-Over-Year Capital Inflows Driving Asset Growth ($ in billions) $92 +11% $101

More information

FINC915 Venture Lab Participating Firms: FALL 2009

FINC915 Venture Lab Participating Firms: FALL 2009 FINC915 Venture Lab Participating Firms: FALL 2009 and allowing the fund members to capitalize on high-growth opportunities. LOCAL FIRMS: MK Capital Task description: various Location: Northbrook, IL Fund

More information